The U.S. Department of Housing and Urban Development's Office of Multifamily Housing has announced $212 million in funding to expand the supply of affordable housing and supportive services for individuals with disabilities. This funding is allocated to the Section 811 Supportive Housing for Persons with Disabilities program, which aims to create, subsidize, and provide supportive services for rental housing that meets the needs of very-low and extremely-low–income Americans with disabilities, HUD reports.
The initiative offers $106 million in capital advances for developing or rehabilitating supportive housing and project rental subsidies to maintain affordability, and another $106 million goes to state housing agencies for project rental assistance.
“Every American should have the ability to live in affordable housing that caters to their needs. Unfortunately, today, far too many housing options are inaccessible to those with disabilities – and those with the appropriate accommodations are often too expensive,” said HUD Secretary Marcia L. Fudge. “This announcement delivers serious progress, making $212 million available to expand housing supply and supportive services for low-income folks with disabilities.”
Advertisement
Related Stories
Housing Markets
States Seek Long-Term Solutions to Reform Property Taxes
Rising home prices typically lead to higher property tax assessments, which has been the case in many Mountain West states, prompting lawmakers to grapple with property tax relief
Off-Site Construction
Utah Passes Bill to Regulate Modular Construction at the State Level
Goals for housing innovation and affordability meet in Utah's passage of a new bill that establishes a statewide modular construction program
Government + Policy
Biden's Proposed Fixes for Housing Affordability
In his State of the Union address, President Biden proposed several actions to improve housing affordability and supply
